129
129
Dec 24, 2012
12/12
by
MSNBCW
tv
eye 129
favorite 0
quote 0
senate majority leader harry reid, minority leader mitch mcconnell will have to try to hammer out some sort of a compromise to avoid going over the cliff, but as you pointed out in your introduction, a lot of senators over the weekend expressed concern that, in fact, we will go over the fiscal cliff. of course, if is that happens, the economy could eventually slip back into recession. one interesting point, thomas, though, last time that members of congress worked between christmas and new year's was 1996. that was during the government shutdown. this is really a rare occurrence for members of congress to have to come back and work out legislation that they went able to get done before the christmas holiday. >> the president is supposed to stay there for how long? >> well, of course, the white house not really giving us specifics about the president's travel plans at this point in time. the reality is i think the president is himself trying to figure out what he is going to do, but we do expect that he will cut his vacation short. you've heard the president himself during his press con
senate majority leader harry reid, minority leader mitch mcconnell will have to try to hammer out some sort of a compromise to avoid going over the cliff, but as you pointed out in your introduction, a lot of senators over the weekend expressed concern that, in fact, we will go over the fiscal cliff. of course, if is that happens, the economy could eventually slip back into recession. one interesting point, thomas, though, last time that members of congress worked between christmas and new...
232
232
Dec 24, 2012
12/12
by
FOXNEWSW
tv
eye 232
favorite 0
quote 0
one of those 4 senators is mitch mcconnell the g.o.p. leader. >> reporter: the president before leaving for hawaii says he hopes everyone gets a chance to drink some el nog, sing some christmas carols and get with their constituents to aeu to tell them they can get something done. all this will only cut $8 billion as opposed to the $4 trillion. can't america do better th-pb. >> the discussions have been focused entirely on taxes. even if you adopted all the president's tax cuts -- tax increases that he wanted it would do so little to touch our long-term fiscal problem. it really needs to be entitlement reform and it's really a tragedy that everything has been focused on taxes when entitlement reform is really what needs to be addressed to address a long term fiscal crisis. >> reporter: that and taxes seem to be the sticking point. jaime we thank you your insights. merry chris misand happy holidays to you. >> same to you. thank you. >> reporter: there were four firefighters responding to a fire in upstate new york and all four were shot o
one of those 4 senators is mitch mcconnell the g.o.p. leader. >> reporter: the president before leaving for hawaii says he hopes everyone gets a chance to drink some el nog, sing some christmas carols and get with their constituents to aeu to tell them they can get something done. all this will only cut $8 billion as opposed to the $4 trillion. can't america do better th-pb. >> the discussions have been focused entirely on taxes. even if you adopted all the president's tax cuts --...
163
163
Dec 24, 2012
12/12
by
FBC
tv
eye 163
favorite 0
quote 0
mitch mcconnell is critical to hammering out a deal because he can filibuster any legislation, but his spokesman told me this morning nothing new to report. we don't know what senator reid plans to bring to the senate for a vote. >> truth of the matter is if we do fall off the cliff, he will come back, propose just what he proposed yesterday leaving washington, and will end up adopting at the washed up at the market in such turmoil and the lack of confidence, why don't we go ahead and act now. >> most numbers are used to spending the christmas to new year's at home, it is time to go back to the table. if anybody sees these representatives from the house in line shops are getting their christmas turkey wish them a merry christmas, civil and say go back to the table, not her own table, the table in washington. >> so there's a group of senate republicans who would vote for taxes on wealthier taxpayers now to get that done, avoid the cliff, move on and fight for spending cuts when the president asks to raise the debt ceiling in february or march. the president and speaker said it will cut
mitch mcconnell is critical to hammering out a deal because he can filibuster any legislation, but his spokesman told me this morning nothing new to report. we don't know what senator reid plans to bring to the senate for a vote. >> truth of the matter is if we do fall off the cliff, he will come back, propose just what he proposed yesterday leaving washington, and will end up adopting at the washed up at the market in such turmoil and the lack of confidence, why don't we go ahead and act...
587
587
Dec 24, 2012
12/12
by
FBC
tv
eye 587
favorite 0
quote 0
senate republican leader mcconnell is critical to hammering out a deal because he can filibuster any legislation, but his spokesperson says this morning quote, nothing new to report. we don't know yet what senator reid plans to bring to the senate for a vote. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all additional tax revenue for new programs. he gets to cut the military which democrats have been calling for for years, and he gets to blame republicans for it. >> what we ought to do is take speaker boehner's last offer, the president's last offer, split the difference, that would be a package of about 2.6 trillion dollars. you couple that with the 1.1 trillion that's already been done, that would be close to the 4 trillion dollars that's needed to stabilize the debt and begin to bring it down. peter: the president and the speaker say they will cut their vacation short to return to washington later this week to try to get back to work to hammer s
senate republican leader mcconnell is critical to hammering out a deal because he can filibuster any legislation, but his spokesperson says this morning quote, nothing new to report. we don't know yet what senator reid plans to bring to the senate for a vote. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all additional tax revenue for new programs. he...
186
186
Dec 24, 2012
12/12
by
KQEH
tv
eye 186
favorite 0
quote 0
that the only way to do this is so bipartisan and that he's still waiting for john boehner and mitch mcconnell to become decent. of course he doesn't think that. but he knows that he's not mitt romney saying 47% of the country are people that i have nothing to do with and i don't care about. he knows that he's the president of the people of the united states which includes 47 percent ironically who voted for mitt romney. and so you know, you have to be able to say, well, why is the first african american man to run for the office of president not willing to say as he's running for president, "oh, and by the way i believe in gay marriage in 2008." i get it. it's easy to understand that. and if what that means is that i have to wait for the day that a president says, "i believe in same sex marriage," i'm willing to wait. and i waited and he said it. this man believes what we believe and i actually got a chance to say this to him. >> to obama? >> that, you know, lincoln at one point in the lincoln-douglas was disappointed when douglas made a particularly racist speech. he said, "stephen knows bet
that the only way to do this is so bipartisan and that he's still waiting for john boehner and mitch mcconnell to become decent. of course he doesn't think that. but he knows that he's not mitt romney saying 47% of the country are people that i have nothing to do with and i don't care about. he knows that he's the president of the people of the united states which includes 47 percent ironically who voted for mitt romney. and so you know, you have to be able to say, well, why is the first...
145
145
Dec 24, 2012
12/12
by
CNNW
tv
eye 145
favorite 0
quote 0
point is not in discussion with not only speaker john boehner but the senate minority leader, mitch mcconnell and perhaps because of that, you have some of that pessimism of senator liberman being shared by republicans. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes and sees a political victory at the bottom of the cliff. gets additional tax revenue, gets to cut the military which democrats have been calling for for years and blame republicans for it. >> now, all eyes are now on the senate, which will reconvene on thursday. seen as likely that president obama will head back to washington from hawaii here. senate minority leader harry reid has the task of trying to conjure up something that might be able to pass the house in addition to the senate publicly. the white house is saying they want tax rates to remain in effect for those making up to $250,000 per year, but it's unclear if that's something. very unclear, very unquestioned that house republicans could swallow that. we're hearing aing you significant possibility we go over
point is not in discussion with not only speaker john boehner but the senate minority leader, mitch mcconnell and perhaps because of that, you have some of that pessimism of senator liberman being shared by republicans. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes and sees a political victory at the bottom of the cliff. gets additional tax revenue, gets to cut the military which democrats have been calling for for years and...
333
333
Dec 24, 2012
12/12
by
KPIX
tv
eye 333
favorite 0
quote 1
now ryan, minor quest, mcconnell and boehner, obama on employees say on spur ling, from the top 1% to the medicare stall, now cashaway all. he yelled at the crowd with all of his might you better get this done, and i mean tonight, for if you continue to act like a mob you'll find yourself looking for a private sector job. they heard this and scrambled and announced a new deal. i heard him explain e,e he drove out of sight, merry christmas to all and to all a good night. >> oh my. that should go national. shift that right to washington. >> we're going to send them a christmas gift from us. but merry christmas to you guys. >> right back at you. >> nice to get some humor with all the fiscal cliff talks. >> let's hope they can figure it out in the next week. >> you can get more on melissa's segments on csf.com/morning. >>> time for a look at who's coming up a little later on this morning. >>> rebecca jar visit joins us live on christmas eve. good morning. >> good morning, frank and elizabeth. coming up ahead on our show on cbs this morning, the controversial call for armed guards at the s
now ryan, minor quest, mcconnell and boehner, obama on employees say on spur ling, from the top 1% to the medicare stall, now cashaway all. he yelled at the crowd with all of his might you better get this done, and i mean tonight, for if you continue to act like a mob you'll find yourself looking for a private sector job. they heard this and scrambled and announced a new deal. i heard him explain e,e he drove out of sight, merry christmas to all and to all a good night. >> oh my. that...
236
236
Dec 24, 2012
12/12
by
FOXNEWSW
tv
eye 236
favorite 0
quote 0
house speaker john boehner's plan "b" failure, all eyes turn to senate leaders harry reid and mitch mcconnell and whether they work out something short of $4 trillion grand bargain. last-minute stop gap. attending tax cut for people making $250,000 or less. and unemployment benefits for 2 million people who will lose the benefits a week after christmas. >> it is going to be a patch. because in four days we can't solve everything. >> yet, other republicans note the president short-term fix raises some taxes, yet punt spending cuts until next year. >> i would vote for revenue, including the tax rate hike though i don't like them to get, to save the country from becoming greece. i'm not going to set aside the $1.2 trillion in cuts. >> if the president does return to washington this week, unclear whether he will come back here to hawaii for new year's with his family. joe lieberman says he expects the senate to be in session on new year's eve, working on a deal down to the wire. >> thank you, ed. markets dropped on shortened day of trading. dow fell 52. s&p 500 lost 3.5. nasdaq down 8.5. might be
house speaker john boehner's plan "b" failure, all eyes turn to senate leaders harry reid and mitch mcconnell and whether they work out something short of $4 trillion grand bargain. last-minute stop gap. attending tax cut for people making $250,000 or less. and unemployment benefits for 2 million people who will lose the benefits a week after christmas. >> it is going to be a patch. because in four days we can't solve everything. >> yet, other republicans note the...
285
285
Dec 24, 2012
12/12
by
FOXNEWSW
tv
eye 285
favorite 0
quote 1
where negotiations need to happen is with mitch mcconnell because this will have to, if we're going to get a deal done originate in the senate. really the roadblock, absolutely democrats will have to compromise on spending cuts 100% but republicans where we have a standstill on this idealogical difference do we raise taxes at all so yeah. gregg: let me ask tony about that since he is the republican. speaker boehner, tony, couldn't even bring his plan up for a vote. i mean it was pretty embarrassing. has he lost control of his own party and failed in his job as leader in the house? >> well, look, speaker boehner has a very hard task and he has already tried ernestly you say a lot of things about him but can't say he hasn't tried to bring two ideas in the forefront. one that works within the bowles-simpson, bipartisan debt commission's framework of tax revenue being part of it but the majority of reform coming from spending cuts. he had the plan b which i think fairly raises threshold. gregg: that was easy for republicans to pass and he couldn't even get votes to put it on the floor. >>
where negotiations need to happen is with mitch mcconnell because this will have to, if we're going to get a deal done originate in the senate. really the roadblock, absolutely democrats will have to compromise on spending cuts 100% but republicans where we have a standstill on this idealogical difference do we raise taxes at all so yeah. gregg: let me ask tony about that since he is the republican. speaker boehner, tony, couldn't even bring his plan up for a vote. i mean it was pretty...
190
190
Dec 24, 2012
12/12
by
CNBC
tv
eye 190
favorite 0
quote 0
i think a lot of it depends on mitch mcconnell, the senate minority leader, if he decides to allow a bill to move forward on the floor. >> is there anything going on behind the scenes that we don't know about? >> there is. the president's playing golf in hawaii. there's nothing going on behind the scenes. >> there's not some -- >> meetings going on in the white house, there's not staff -- >> lining up a putt? >> no, which is difficult, because there's lots of other stuff that has to go into what the president talks about before he left on friday, which is the tax rates. he didn't talk about payroll tax cut, amt, a number of things. there's a lot that has to go into a final deal and how they get that done. >> my worry is we're not talking about early january, we're talking about late january. >> i think it's probably more mid january if we go over. because i think you'll see market reaction, and you'll see a lot of people freak out, and it's a problem. >> market reaction, would you think -- >> people still think it's, you know, we get a deal. last-minute deal. i tend to be an optimist
i think a lot of it depends on mitch mcconnell, the senate minority leader, if he decides to allow a bill to move forward on the floor. >> is there anything going on behind the scenes that we don't know about? >> there is. the president's playing golf in hawaii. there's nothing going on behind the scenes. >> there's not some -- >> meetings going on in the white house, there's not staff -- >> lining up a putt? >> no, which is difficult, because there's lots of...
104
104
Dec 24, 2012
12/12
by
MSNBCW
tv
eye 104
favorite 0
quote 0
senate majority leader harry reid, minority leader mitch mcconnell will try to hammer out a deal and by all accounts, it will be a smaller deal, thomas. >> nbc's kristen welker traveling with the president in hawaii. kristen, thanks so much. joining us to talk about the chances of reaching a deal, democratic congressman from minnesota, keith ellison. sir, it's good to have you here, and do you think, as you hear what kristen is reporting there, that it's -- that it's still optimism that this could get done by the end of the year, but slim. do you think that it could get done, and is it going to get gone because of the onus now being on the senate? >> i think that we will have a deal. of course, no one can guarantee that. the real question is will boehner put a deal on the floor that enough of us democrats can vote for? that's the real question. the fact is he can't even get enough republicans to vote for that tea party wish list he put on the floor last week. so what he needs to do is come to the other direction to pick up enough votes to get a deal. now, that's going to take some st
senate majority leader harry reid, minority leader mitch mcconnell will try to hammer out a deal and by all accounts, it will be a smaller deal, thomas. >> nbc's kristen welker traveling with the president in hawaii. kristen, thanks so much. joining us to talk about the chances of reaching a deal, democratic congressman from minnesota, keith ellison. sir, it's good to have you here, and do you think, as you hear what kristen is reporting there, that it's -- that it's still optimism that...
203
203
Dec 24, 2012
12/12
by
CSPAN
tv
eye 203
favorite 0
quote 0
mcconnell's own reelection bid is coming in 2014. the borrower review of the nothing to shift the anger of some self assessment of the speaker does nothing to pass it does go to the floor. the bill is not moving along, says bob corker from tennessee. here is what the republican from idaho had to say about the fiscal cliff negotiation. [video clip] >> if we get down to the end of the year and the only choice we have is to save taxes going up on the middle-class, i would support that. but i wish we had a comprehensive bill that dealt with spending, entitlement, and taxes altogether. that is really what we ought to do. host: that was senator johnny isaacson from georgia, excuse me, not from idaho. we will go back to the question here for all of you. we will continue to give you news from the newspapers. but how does religion and law was your politics? democratic caller. go ahead. caller: i had originally called in response to set oralism in government, which i prefer -- secularism in government, which are for. a country which invites ev
mcconnell's own reelection bid is coming in 2014. the borrower review of the nothing to shift the anger of some self assessment of the speaker does nothing to pass it does go to the floor. the bill is not moving along, says bob corker from tennessee. here is what the republican from idaho had to say about the fiscal cliff negotiation. [video clip] >> if we get down to the end of the year and the only choice we have is to save taxes going up on the middle-class, i would support that. but i...
232
232
Dec 24, 2012
12/12
by
CNNW
tv
eye 232
favorite 0
quote 0
to get a debt ceiling increase, both speaker boehner and the republican leader in the senate, mitch mcconnell have made it clear, you want $1 trillion of more debt ceiling, because that's what the president is running, $1 trillion more debts, you have to cut it at the same time. they won it a year ago. they'll win it in the future. this is a long fight. it's four years of a fight. it's not one week of a fight. to your earlier question, does the president want to take us over the cliff? i think now he does. the reason is he needs an excuse for the next four years of failure. blaming it on bush doesn't work very much. the regulations and spending he's put on the economy for the next four years is going to put us in recession regardless of the fiscal cliff. >> to be fair, i'm told there are a number of republicans, especially in the house, who want to go over the cliff for the reason i explained, that they'd much rather vote for a tax cut than a tax increase because they don't want to break your pledge. grover, thank you very much. appreciate it. >> no one should break their pledge. >> merry chr
to get a debt ceiling increase, both speaker boehner and the republican leader in the senate, mitch mcconnell have made it clear, you want $1 trillion of more debt ceiling, because that's what the president is running, $1 trillion more debts, you have to cut it at the same time. they won it a year ago. they'll win it in the future. this is a long fight. it's four years of a fight. it's not one week of a fight. to your earlier question, does the president want to take us over the cliff? i think...
228
228
Dec 24, 2012
12/12
by
FOXNEWSW
tv
eye 228
favorite 0
quote 0
success depends partly on whether mitch mcconnell decides to filibuster any legislation. there is senate republicans who are willing to compromise in order to avoid the fiscal cliff. including kay bailey hutchison of texas and johnny isakson of georgia. >> time is running out. and the truth of the matter is, if we do fall off the cliff after the president's maturitied, he'll come back, propose just what he proposed yesterday in leaving washington and we'll end up adopting it. why should we put the markets mn such turmoil and the people in misunderstanding or lack of confidence? why don't we go ahead and act now? >> the president is insisting tacks go up for the wealthy, but he's now scaled back his expectations for the rest of the year focusing only on a middle class tax cut and extended unemployment benefits. he said he still thinks some kind of deal can be reached, but that optimism is not shared by everyone. >> in the aftermath of the house republicans rejecting speaker boehner's so-called plan b, it's the first time that i feel it's more likely that we will go over th
success depends partly on whether mitch mcconnell decides to filibuster any legislation. there is senate republicans who are willing to compromise in order to avoid the fiscal cliff. including kay bailey hutchison of texas and johnny isakson of georgia. >> time is running out. and the truth of the matter is, if we do fall off the cliff after the president's maturitied, he'll come back, propose just what he proposed yesterday in leaving washington and we'll end up adopting it. why should...
301
301
Dec 24, 2012
12/12
by
CNBC
tv
eye 301
favorite 0
quote 1
. >> now the focus shifted to mitch mcconnell. the senate taking the lead on a compromise with democrats, and something that can get some support among house republicans. carl? >> hampton, thank you very much. hampton pearson in washington. >> the gift that keeps on giving. we're talking about market wisdom. what you need to know ahead of the opening bell. and whether you're a holiday traveler or investor, you want to hear about the state of the airline industry. let's take a look at futures one last time before the holiday shortened session. about ten points down on the dow. ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. to the best vacation sp(all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, loui
. >> now the focus shifted to mitch mcconnell. the senate taking the lead on a compromise with democrats, and something that can get some support among house republicans. carl? >> hampton, thank you very much. hampton pearson in washington. >> the gift that keeps on giving. we're talking about market wisdom. what you need to know ahead of the opening bell. and whether you're a holiday traveler or investor, you want to hear about the state of the airline industry. let's take a...
211
211
Dec 24, 2012
12/12
by
FOXNEWSW
tv
eye 211
favorite 0
quote 0
. >> well, and that's why, and that's why the president ask speaker boehner and mitch mcconnell and harry reid need to come back and make sure their membership -- boehner couldn't deliver the other day -- make sure the membership, and by the way, boehner may have to go with democrats plus a minority of republicans to get the job done. gregg: yeah. >> this is about the welfare of this country, not about the welfare of a political party. gregg: all right. brad, the fiscal cliff is one of the reasons why people are so incredibly gloomy about the future, and, you know, dick's making the point here when speaker john boehner can't even get his own party to follow him and put up a vote on his plan, i mean, aren't republicans equally to blame for the public's profound pessimism? >> well, we have a divided nation, that is for sure. this president has not done his job in leading, and had he done his job in leading especially in the fiscal cliff, he wouldn't be in hawaii now, he'd be in washington making sure that we had a deal -- gregg: has boehner done his job? >> boehner has done a great job in t
. >> well, and that's why, and that's why the president ask speaker boehner and mitch mcconnell and harry reid need to come back and make sure their membership -- boehner couldn't deliver the other day -- make sure the membership, and by the way, boehner may have to go with democrats plus a minority of republicans to get the job done. gregg: yeah. >> this is about the welfare of this country, not about the welfare of a political party. gregg: all right. brad, the fiscal cliff is one...